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Real-World Asset Market Cap Jumps Following New Listing

The real-world asset market capitalization reached $71.02 billion following a major listing, while meme coins experienced a decline.
4 weeks ago 50 views
Real-World Asset Market Cap Jumps Following New Listing

The real-world asset (RWA) market capitalization reached $71.02 billion on Monday, marking a 48.7% gain over 24 hours according to CoinGecko data. In contrast, meme coins fell 2.2% over the same period.

The sector added $23.26 billion in total value, driven largely by a single addition rather than broad market buying. Figure Heloc, a pool of home equity credit lines issued by Nevada lender Figure on its Provenance blockchain, entered the rankings as the largest RWA holding at $22.81 billion, representing 32% of the sector.

Without Figure Heloc included in the total, the RWA sector stood at approximately $48.21 billion, showing a 0.96% change from the previous day's value of $47.75 billion. Other assets in the sector saw varied performance, with Chainlink rising 0.8% and Stellar falling 3.3% on the day.

Figure Heloc tokens experienced minimal trading activity, recording $14.9 million in 24-hour turnover, which equates to about 0.065% of their total value, and CoinGecko data registered no 24-hour price change for the tokens.

Meanwhile, tokenized equities remained in a separate pool valued at $8.25 billion. These assets tracked their underlying equities closely, such as the MicroStrategy xStock trading at $122.69 while Strategy's Nasdaq-listed shares traded at $122.63.

In the meme coin sector, major tokens finished lower on Monday, including Dogecoin falling 4.1%, Pump.fun dropping 7.9%, and Official Trump sliding 9.9%, bringing the sector down 2.3% to $32.82 billion. However, looking at a seven-day window, meme coins demonstrated higher turnover and price gains compared to the steadier movement of RWA tokens.

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BitcoinBTC $86,220.09-0.45% EthereumETH $2,748.34-0.80% Tether USDUSDT $1.00+0.04% BNBBNB $784.46-2.49% XRPXRP $1.57+1.44% USDCUSDC $1.000.00% SolanaSOL $118.11-0.87% TRONTRX $0.3417-0.76% HyperliquidHYPE $97.25+4.25% ZcashZEC $1,516.81+3.71%
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